Timboektoes
ActiveThe annual accounts of Timboektoes for fiscal year 2025 show a net loss of 118% of total assets and of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €21k and a net result of €-26k. Equity is shrinking by ~27.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 95% of 31544 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 26.47; short-term debt: 3.8% and cash: 1.2% of total assets), and 3.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.2%
Return on assets
-117.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-26k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-04-2026, 119 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
119 d early
2024
132 d early
2023
49 d early
2022
59 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 55.1%
2024 · €47k
2022: €57k
2023: €64k
2024: €47k
2022 → 2025
Total assets
€22k▼ 54.4%
2024 · €48k
2022: €80k
2023: €88k
2024: €48k
2022 → 2025
Net result
€-26k▼ 52.6%
2024 · €-17k
2022: €52k
2023: €7k
2024: €-17k
2022 → 2025
Working capital
€21k▼ 55.2%
2024 · €47k
2022: €43k
2023: €55k
2024: €47k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€57k-€64k▲ 12.9%€47k▼ 26.5%€21k▼ 55.1%
Operating result€72k-€11k▼ 85.3%€-20k€-27k▼ 36.7%
Net result€52k-€7k▼ 85.8%€-17k€-26k▼ 52.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €20k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €22k
Equity
€21k▼ 55.1%
Debt
€831▼ 25.5%
The debt ratio rises from 2.3% to 3.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-26k▼
2024 · €-11k
Cash flow
€-25k▼
2024 · €-8k
Solvency
96.2%▼
2024 · 97.7%
Current ratio
26.47
Quick ratio
26.47
Debt / equity
0.04▲
2024 · 0.02
ROE
-122.5%▼
2024 · -36.1%
ROA
-117.9%▼
2024 · -35.3%
Interest coverage
-167.40▼
2024 · -73.14
Debt
€831▼
2024 · €1k
Debt ≤ 1 year
€831▲
2024 · €231
Income taxes
€203▲
2024 · €179
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€22k▼
Fixed assets21/28€783€0▼
Tangible fixed assets22/27€783€0▼
Plant, machinery and equipment23€783€0▼
Furniture and vehicles24€0-
Current assets29/58€47k€22k▼
Amounts receivable within one year40/41€47k€22k▼
Trade receivables40€989€2k▲
Other amounts receivable41€46k€20k▼
Cash at bank and in hand54/58€206€263▲
Deferred charges and accrued income490/1-€12
Equity and liabilities
Total equity and liabilities10/49€48k€22k▼
Equity10/15€47k€21k▼
Contributions10/11€5k€5k=
Reserves13€52k€52k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€-10k€-36k▼
Amounts payable17/49€1k€831▼
Amounts payable within one year42/48€231€831▲
Trade debts44€52€627▲
Suppliers440/4€52€627▲
Taxes, remuneration and social security45€179€203▲
Taxes450/3€179€203▲
Accrued charges and deferred income492/3€885€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€783▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-10k€-25k▼
Operating profit (loss)9901€-20k€-27k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€156€158▲
Recurring financial charges65€156€158▲
Profit (loss) for the period before taxes9903€-17k€-26k▼
Income taxes67/77€179€203▲
Profit (loss) for the period9904€-17k€-26k▼
Profit (loss) for the period to be appropriated9905€-17k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-36k▼
Profit (loss) brought forward from the previous period14P-€-10k
Transfer from equity791/2€7k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 62current ratio 205.32
Current ratio from 3.31 to 205.32; short-term debt falls from €24k to €231.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Hersbekelei 192100 AntwerpenGround area
545 m²
Building footprint
132 m²
Volume, LiDAR
947 m³
Parcel 11346B0965/00A009, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Timboektoe
since 20222.327.257.652
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0965/00A009 | Flanders | 544 m² | 1 · 132 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 31,165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2022
Fiscal year end31-12
Abbreviation NL
TBT
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.